Business Standard

U. H. Zaveri Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

7.99 cr

Price Range (₹)

36

Lot Size

3000

Min Investment (₹)

1,08,000.00

Listing Exchange

BSE - SME

Open Date

08-May-2018

Close Date

14-May-2018

Listing Date

22-May-2018

U. H. Zaveri Ltd News

    The Shares of U. H. Zaveri Ltd have now been listed.

    U. H. Zaveri Ltd IPO Details

    Public issue of 22,20,000 equity shares of face value of Rs. 10/- each (Equity Shares) of U. H. Zaveri Limited(The Company or The Issuer) for cash at a price Rs. 36/- per equity share (including a share premium of Rs. 26/- per equity share) (Issue Price) aggregating to Rs. 7.99 crores (The Issue), of which 1,14,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 36/- per equity share, aggregating to Rs. 0.41 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 21,06,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 36 per equity share aggregating to Rs. 7.58 crores (The Net Issue). The issue and the net issue will constitute 36.30% and 34.43%, respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10 each/- and the issue price of Rs. 36/- i.e. 3.6 times of the face value.

    Objective of issue

    To meet Working capital requirement.

    U. H. Zaveri Ltd Contact Details

    U. H. Zaveri Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - uhzl.compliance@gmail.com

    Website - www.uhzaveri.in